The light commercial vehicle (LCV) market in 2024 has given the UK fleet sector much to cheer about, with 351,834 new registrations marking a 3.0% growth. This achievement makes it the most successful year for LCV fleet renewal since 2021, according to the Society of Motor Manufacturers and Traders (SMMT). However, despite this growth, the Continue Reading…
Selling a property can be a strategic move, especially if you’re aiming to liquefy an asset and realise the capital gains since you purchased it. But one question looms large: how long does it take to sell a property in the UK, from listing to completion? This timeline is crucial for landlords planning budgets and Continue Reading…
Picture this: you own a property, pay your insurance premiums diligently, and sleep soundly knowing your building is covered. But what if I told you that 76% of UK properties are underinsured? That’s more than three-quarters of buildings potentially leaving their owners in for a rude awakening should disaster strike. Despite recent improvements, this figure Continue Reading…
After a decade of working closely with black cab drivers, we’re sad to announce that we can no longer offer black cab insurance. Unfortunately, the decision has been taken out of our hands. A change of strategy by our insurance provider has left us without the necessary support to continue these policies. If you’re an Continue Reading…
UK rent inflation is beginning to ease. Over the past 12 months, rents increased by 3.9%, marking the slowest annual growth since August 2021. While rents remain high, the pace of increase has tempered significantly compared to the staggering 12% annual growth seen at its peak in 2022. UK Rent Trends For Landlords The average Continue Reading…
The UK car industry is at a crossroads. With ambitious zero-emission vehicle (ZEV) mandates putting carmakers under immense pressure, the government is now reconsidering its approach. Could we soon see a return of EV purchase subsidies to help UK car traders shift more vehicles or even a reform of the strict EV sales quotas? Let’s Continue Reading…
When the government announced a rise in the stamp duty surcharge for landlords and second-home buyers, many predicted a mass exodus of buy-to-let investors. Cue dramatic headlines forecasting doom for the UK housing market and a bleak future for tenants searching for affordable rental homes. But has this actually happened? Not quite. Despite a hefty Continue Reading…
For many London private hire drivers in the UK, the restrictions of Uber’s Instadoc system may have added an extra hurdle to their already demanding jobs. Introduced in January 2022, Uber’s restricted panel of approved insurance suppliers has been controversial. It forces drivers in London to select policies from a limited group of eight insurers. Continue Reading…
Wishing all our clients and supporters a Merry Christmas and a Happy New Year! As we close the chapter on 2024, a year marked by its challenges and achievements, we celebrate the resilience and strength that have shaped the past twelve months. The team at Plan wishes everyone a joyful and safe Christmas. As we Continue Reading…
In a landmark decision on the gig economy front, thousands of Bolt drivers in the UK have won a legal battle granting them worker status. This employee rights status ruling means drivers previously classified as independent contractors now have employee rights to holiday pay, a guaranteed minimum wage, and potentially substantial compensation. It’s a win Continue Reading…
